Mitsubishi Exits Front Projection and Large Format LCD TV Biz

Mitsubishi recently announced that it would shutter its front-projection and large-format LCD TV operations in order to focus on the company’s LCD data wall display efforts. Mitsubishi says sustained losses in recent years factored into its decision. The move follows the company’s decision last December to exit the rear projection TV business. Mitsubishi, which developed one-piece rear projection systems in the 1970s, is credited with helping to launch the large-screen TV movement. Continue reading Mitsubishi Exits Front Projection and Large Format LCD TV Biz

Mitsubishi Announces its Exit from the LCD TV Market

Mitsubishi has announced that it is exiting the LCD TV market this year to focus on its DLP rear projection business. The company is the only maker of rear projection TVs sold in the US.

HD Guru explains that Mitsubishi made an early transition from big screen CRT models to lamp driven microdisplay sets. As the industry moved to flat panels, Mitsubishi opted to rely on outside vendors for its LCDs.

Mitsubishi currently offers 2010 models from 60-82-inch screen sizes, all with 3D capability. According to HD Guru: “Rear projection provides viewers with the biggest HDTV screens for the lowest prices in the industry, starting at under $850 for the 60-inch model widescreen 1080p HDTV and under $1200 for a 73-inch.” As a means of comparison, a Samsung 65-inch 1080p LED HDTV is presently offered at over $4000.

Mitsubishi 2011 rear projector models will be offered in sizes 73-inches and above.  At January’s CES, the company announced a 92-inch model to ship later this year.